The UK and South Korea have finalised a trade deal which the government says will create thousands of jobs and bring billions into the British economy.
British industries including pharmaceuticals, car manufacturing, alcohol and financial services are expected to benefit from an extension to the current tariff-free trade on most goods and services.
The deal is the fourth such agreement struck by the Labour government, following deals with the EU, US and India — none of which have had a material impact on the UK's economy so far.
South Korean culture, including music, cosmetics and food, has become much more popular in the UK in recent years.
Trade minister Chris Bryant announced the deal in Samsung's flagship store in London on Monday night, accompanied by his Korean counterpart Yeo Han-koo.
